Question: During the year, Wright Company sells 4 2 0 remote - control airplanes for $ 1 2 0 each. The company has the following inventory

During the year, Wright Company sells 420 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year.
\table[[Date,Transaction,Number of,Unit,],[January 1,Beginning inventory,Units,Cost,Total Cost],[May 5,Purchase,40,$77,$3,080
During the year, Wright Company sells 4 2 0

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